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Vendor management: The key to productive partnerships

CIO

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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Your CEO has little idea who IT is or what IT does

CIO

Executives need to understand and hopefully have a respected relationship with the following IT dramatis personae : IT operations director, development director, CISO, project management office (PMO) director, enterprise architecture director, governance and compliance Director, vendor management director, and innovation director.

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Navigating the cloud maze: A 5-phase approach to optimizing cloud strategies

CIO

It prevents vendor lock-in, gives a lever for strong negotiation, enables business flexibility in strategy execution owing to complicated architecture or regional limitations in terms of security and legal compliance if and when they rise and promotes portability from an application architecture perspective.

Cloud 147
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Grand Bank's Success Story: Enhancing Vendor Management with Ivanti's External Attack Surface Management Solution

Ivanti

Forrester highlights that EASM is crucial for thorough due diligence, especially during mergers and acquisitions, where uncovering hidden vendor assets is vital for assessing risk. It offers an automated, comprehensive vendor management approach that continuously monitors vendors' attack surfaces, assesses and mitigates risks.

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Strategies to mitigate AI security and compliance risks

Modus Create

Strategies to mitigate AI security and compliance risks By William Reyor Posted in Digital Transformation , Platform Published on: November 7, 2024 Last update: November 7, 2024 According to McKinsey, 65% of executives report that their organizations are exploring and implementing AI solutions.

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Key considerations to cancer institute’s gen AI deployment

CIO

That included setting up a governance framework, building an internal tool that was safe for employees to use, and developing a process for vetting gen AI embedded in third-party systems. Proactive governance The governance framework came first. So DFCI took three main steps to deploy gen AI in a controlled way.

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Why CIOs should embrace the potential of data and analytics enablement platforms for a brighter future

CIO

But the most advanced data and analytics platforms should be able to: a) ingest risk assessment data from a multitude of sources; b) allow analytics teams in and outside an organization to permissibly collaborate on aggregate insights without accessing raw data; and c) provide a robust data governance structure to ensure compliance and auditability.

Analytics 172